Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO) Announces Monthly Dividend of $0.04

Highland Funds I – Highland Opportunities and Income Fund (NYSE:HFRO – Get Free Report) declared a monthly dividend on Monday, November 2nd. Stockholders of record on Monday, November 23rd will be given a dividend of $0.0385 per share on Monday, November 30th. This represents a $0.46 annualized dividend and a dividend yield of 7.3%. The ex-dividend date is Monday, November 23rd.

Highland Funds I – Highland Opportunities and Income Fund Stock Performance

Shares of HFRO stock opened at $6.29 on Tuesday. The company has a 50 day moving average price of $6.78 and a 200 day moving average price of $6.60. Highland Funds I – Highland Opportunities and Income Fund has a fifty-two week low of $5.47 and a fifty-two week high of $7.74.

Highland Funds I – Highland Opportunities and Income Fund Company Profile

(Get Free Report)

Highland Opportunities and Income Fund (NYSE: HFRO) is a closed-end investment fund designed to pursue total return through a combination of current income and capital appreciation. The fund invests in a flexible portfolio of income-producing and opportunistic assets rather than operating as a traditional business.

Its portfolio may include corporate loans, bonds, structured credit investments, preferred securities, common stocks and other debt or equity instruments. The fund can invest across a range of industries and may allocate capital to both public and private-market opportunities, including investments issued by companies in the United States and other countries.

Highland Opportunities and Income Fund is advised by an affiliate of Highland Capital Management, an investment-management firm with experience in alternative credit and income-oriented strategies.

Further Reading

Dividend History for Highland Funds I - Highland Opportunities and Income Fund (NYSE:HFRO)

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